Policy

UK parliament to probe Nigel Farage’s $6.8 million donation from crypto billionaire

If found guilty of violating the Parliamentary code of conduct, the Reform UK party leader could be suspended from the House of Commons.

Nigel Farage. (Reform UK)

Clarity Act amendments would remake key parts of crypto bill but have doubtful future

The U.S. crypto market structure bill is being targeted with dozens of amendments aiming to change or add to the text as its Senate hearing approaches.

Senator Elizabeth Warren (Jesse Hamilton/CoinDesk)

Nevada regulators push back after prediction market conference blames them for move

Spokesperson for regulator denies that it put pressure on ARIA Resort & Casino for hosting Predict 2026

(Grant Cai/Unsplash)
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Policy at Consensus Miami: State of Crypto

This was a hectic week.

(CoinDesk)

Sports betting should be regulated as a financial product, not gambling, aspiring prediction market provider says

Novig CEO Jacob Fortinsky said his company will transition to a federal Designated Contract Market framework this summer to launch in all 50 states, while 57 Maiden's Adam Mastrelli said he was banned from two major sportsbooks within two months for being “sharp."

Shayon Sengupta, Adam Mastrelli and Jacob Fortinsky (CoinDesk)

Crypto industry cheers Senate Clarity Act markup date as market structure push resumes

The bill's progress follows talks on jurisdiction, consumer/developer protections, and stablecoin rewards, with crypto firms backing a yield compromise.

Kristin Smith (left), Rebecca Rettig and Summer Mersinger (CoinDesk)

Judge clears path for Aave to move $71 million in ETH linked to North Korea hack

Judge Margaret Garnett allowed frozen exploit funds on Arbitrum to move to Aave, but the legal freeze follows the assets as terrorism plaintiffs continue their claim.

court, gavel

Senate Banking Committee plans to hold key market structure hearing on Thursday

The Senate Banking Committee announced it would hold its markup hearing for the Clarity Act on March 14.

Senator Kirsten Gillibrand (CoinDesk)